Archive for September, 2011

US attack on Pakistan will be a catastrophic mistake

Click here to View Printed Statements
Aggression to devastate limping American Economy
Those advocating attack on Pakistan are playing with fire
Pakistan needs a ruthless civilian administrator: Gen Chishti
Members of armed forces should have right to appeal: Ex-Servicemen

The Pakistan Economy Watch (PEW) on Monday said a US attack on Pakistan would be a mistake as our country is not as weak as Iraq and Afghanistan and it will not offer easy victories to an over-stretched and dejected army.
Lashing out at old ally Pakistan is a known American style to blame others for its humiliating failures, it said.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Peace prerequisite for economic development: Dr. Mughal

Click here to View Printed Statements
Peace Parliament Pakistan observes World Peace Day
Relationship between governance and poverty is evident: Zaki
Empowering Saarc to empower Pakistan, save us from int’l shocks

Dr. Murtaza Mughal, President of the Pakistan Economy Watch has said that peace is prerequisite for the economic development of the country.
Goal of prosperity cannot be achieved without curbing violence in all parts of Pakistan without being negatively influenced by political considerations, he said while speaking to civil society assembled outside the Parliament House Islamabad to commemorate the International Day of Peace.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Chinese economic cooperation should be properly highlighted: Zaki

Click here to View Printed Statements
US policy of suppressing gold prices to boost dollar failing: Dr. Mughal
Dollar hike in Pak temporary

Senator Akram Zaki has on Sunday said Chinese cooperation with Pakistan has reached economic high points but people are not aware of it to the full.
He said that Beijing’s assistance in the time of disasters has won hearts and minds of Pakistanis who consider Chinese their brethren.
China, a counterweight to Indian influence, is the most trusted ally that is eagerly trying to make our country self-reliant, he said.
Speaking at a seminar organised by Bedari-e-Fikr Forum, the former Secretary General Foreign Affairs said that Pakistan has served as China’s main bridge between Muslim countries and bridged the communication gap between China and the west.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

ورلڈ ٹریڈ سینٹر ر حملہ کے دس سال بعد

Click here to View Printed Statements

 امریکی حکمرانوں نے دنیا کی سب سے طاقتور معیشت کو بھکاری بنا ڈالا
طالبان اورالقائدہ کے بجائے اپنا ملک تباہ کر ڈالا، قرضوں پر گزارہ
درجہ بندی گر گئی، غربت عام، اخلاقی اور عالمی برتری خواب بن گئی

اسلام آباد پاکستان اکانومی واچ کے صدر ڈاکٹر مرتضیٰ مغل نے کہا ہے کہ ورلڈ ٹریڈ سینٹر ر حملہ بعد سے جاری امریکی پالیسیوں نے دنیا کے سب سے با اثر ملک اورسب سے طاقتور معیشت کو بھکاری بنا دیاہے۔ طالبان اورالقائدہ کو صفحہ ہستی سے مٹانے کے عزم کا اظہار کرنے والوں نے اپناہی ملک تباہ کر ڈالا۔
دنیا میں سب سے زیادہ قرضے دینے والا ملک سے سے بڑا قرض دار بن گیا ہے۔ امریکہ کی درجہ بندی گر گئی ہے، غربت نے ڈیرے ڈال رکھے ہیں، مڈل کلاس ختم ہو رہی ہے اوراس ملک کی
اخلاقی اور عالمی برتری خواب بن کر رہ گئی ہے اور تقریباً ہر امریکی حکومت سے نالاں اور مستقبل کے بارے میں اندیشوں کا شکار ہے۔

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Role of women in economic development should be acknowledged: Mian Shahid

Click here to View Printed Statements
ISLAMABAD: Role of women in the economic development of Pakistan should be acknowledged and supported by government as well as business community, a leading businessman said Friday.
Pakistan cannot progress as far as we understand the importance of the women is development and provide them equal opportunities so that they can prosper, said Mian Shahid.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Democracy imperative in chambers to promote businesses

Click here to View Printed Statements

Qabza groups holding many business chambers as hostage

The Pakistan Economy Watch (PEW) on Monday said introduction of democracy is must in business chambers for the development of economy and true representation of the business community.

Many chambers of commerce and industry (CCIs) have lost their effectiveness to families, lobbies and groups that have taken over these bodies since long, it said.

Rules and regulations are frequently been ignored in many chambers of commerce for personal gains which is impeding economic growth and triggering unrest among business community, said Dr. Murtaza Mughal, President of the Pakistan Economy Watch.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Floods, energy and security threats to cotton economy

Click here to View Printed Statements

Pakistan textile relocation result of disabling policies 

80 countries enjoying free market access except Pak

Largest urban employment provider losing charm 

The Pakistan Economy Watch (PEW) on Sunday said investors are losing interest in the textile sector which is largest foreign exchange earner and biggest urban employment provider of the country.

The situation need urgent attention of the authorities as the recent developments can cast a negative shadow on the economic future of Pakistan, it said.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Rawalpindi: Dr. Murtaza Mughal, President PEW receiving Best Performance Award 2011 for his services for education during a function organised by Central Traders Association and a leading media group.

Click here to View Printed Statements

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Code of conduct for wireless marketing suggested

Click here to View Printed Statements

Websites offering free SMS service should be blocked

The Pakistan Economy Watch (PEW) on Sunday underlined the need for introducing ethics for wireless marketing.

Mobile marketing is a powerful marketing tool which promises vast opportunities as it help individuals and companies to establish direct communication with millions of customers through digital phones anytime, anywhere, it said.

Short Message Services (SMS), an instant communication medium, is now a phenomenon that has grown and spread at an amazing speed, said Dr. Murtaza Mughal, President Pakistan Economy Watch.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Voluntary disclosure schemes encouraging tax evasion, helping dishonest

Click here to View Printed Statements

Amnesty schemes shattering faith in honest labour, wakening country

Supreme Court asked to probed money parked in tax heavens

Civil society should push govt to recover lost revenue

The Pakistan Economy Watch (PEW) on Saturday said tax amnesty schemes are not adding significantly to g3overnment coffers but encouraging big-time tax evaders and their helpers.

Idea behind such schemes is to unearth huge amounts of undeclared money but it has become controversial, questionable and useless, it said.

Schemes aimed at retrieving the lost revenue exempts offenders from punishment and help those who assist wealthy hide their taxable income, said Dr. Murtaza Mughal, President PEW.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Business community supports handing over Gencos to private sector: Mian Shahid

Click here to View Printed Statements

FPCCI’s Fazal Elahi, Chadda, and IWCCI’s Samina back move

Business community has supported the proposal of Water and Power Ministry to give control of some power generation companies to private sector for a specified time in a bid to transform them into profit making entities.

The suggestion is very positive and according to the wishes of private sector which has repeatedly claimed ability to transform inefficient public sector organisations into profit making entities, said Mian Shahid which speaking at a forum held at The Pakistan Economy Watch (PEW).

Giving operational and maintenance control of four power generation companies (Gencos) to private sector for a period of 10 years may prove a turning point, he said adding that it will be a test of the skills of private sector.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)

Chinese companies asked to finance Iran gas pipeline project

Click here to View Printed Statements

US offered alternative energy resources impractical 

The Pakistan Economy Watch (PEW) on Saturday said Chinese companies should help Pakistan complete $1.3 billion Iran gas pipeline project.

Government is desperately looking foreign funds to complete peace pipeline project but American opposition is keeping major donors away, it said.

Gas shortages has not only arresting economic growth but has also affected almost all walks of live which can be resolved through proper financing, said Dr. Murtaza Mughal, President PEW.

read more…

In: UncategorizedAuthor: AAMIR JAVEDComments (0)